Value of quality changes in 2000 model-year light trucks
November 26, 1999
Quality changes in 2000 model-year light trucks had a retail value of $40.56 on average, representing about 10 percent of a $416.31 increase in manufacturers’ suggested list prices.
Of the $40.56 estimated retail level of quality change in domestic light trucks, most of it ($33.31) was due to changes in accordance with 1990 Clean Air Act Amendments.
Safety changes for child seat tether anchors and for head impact protection accounted for $3.38 of the total value of quality changes. Non-mandated quality changes such as powertrain improvements, theft protection, other safety improvements, and changes in levels of standard or optional equipment accounted for $3.87 on average.
These data are a product of the BLS Producer Price Index program. Learn more in "Report on Quality Changes for 2000 Model Vehicles," news release USDL 99-324. The estimates on the value of quality changes were based on a sample of 19 2000 model-year domestic light trucks included in the Producer Price Index for October.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Value of quality changes in 2000 model-year light trucks on the Internet at http://www.bls.gov/opub/ted/1999/nov/wk4/art04.htm (visited May 27, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.